I am going to have economic exam tomorrow and the questions are going to be from this article?Can anyone help what kind of question will be ask?
http://www.iea.org/textbase/papers/2004/high_oil_prices.pdfAnalysis of the impact of high oil prices on the global economy?
What are the different ways in which higher oil prices affect the economy -- households? Firms? Which is more important?
Do you think it is important for a country to be self-sufficient in terms of having sufficient internal energy sources?
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